It also says that identity theft strikes 1 in 4 households and that identity theft crime costs an estimated 6.4 billion each year. This fraud is an epidemic and destroys relationships and even lives in the process.
Identity Truth tries to go beyond just credit report monitoring, taking into account public records and information sourced from the world wide web. Identitytruth.com uses a powerful and sophisticated web crawler technology to search the web for information that might compromise a client’s identity. They search through billions of data points from many different sources to provide their clients the earliest possible detection and notification when a theft occurs.
The company promises to report suspicious past events, establish fraud alerts, attempt to predict possible future attacks allowing clients to amend high risk behavior, deliver ongoing reports about changes to a client’s credit history and reports on any ancillary data that may have impact.
Identitytruth.com also claims to to be tracking over 80 million affected Americans and does offers service insurance guarantee through AIG. Prices start at 9.99 per month with a 3 month minimum.
Conclusion
Identity truth is an interesting approach to preventing identity fraud and one that many people will flock to. It’s a scary world we live in and it will continue to advance into an even-scarier direction in the future.